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SPRINGFIELD, Ill. - With regulation of credit unions reportedly under siege because of a state budget crisis, the Illinois Credit Union League was marshalling its lobbying forces this week to beat back what it described as a "surprise $4.5 million raid" on operating funds in the Department of Financial Institutions....

WASHINGTON - The National Association of Community Credit Unions will hold its Sixth Annual Conference this October in Phoenix. The theme is "Elements of Successful Community Credit Unions". Speakers include NCUA Chairman JoAnn Johnson and Dr. Carl Hammerschlag, an author, physician, speaker and healer. He will talk about maintaining a...

WASHINGTON -Though the Senate Banking Committee's hearing on regulatory relief legislation last week had the potential for an anti-credit union free-for-all, nothing was said against the provisions credit unions are seeking. According to sources, the banker groups had been admonished in advance by committee members that they should not raise...

WASHINGTON - While President Bush was applauded for increasing funding for U.S. Small Business Administration's 7(a) loans in April by $3 billion for fiscal year 2004, legislators are concerned that the program may face critical cutbacks for fiscal year 2005. Legislators have called on the Bush administration to continue funding...

Credit unions aren't afraid to mix things up when it comes to marketing. See what they're up to in the Marketing/Retail Delivery Special Report on pages 30 to 33.

ST. LOUIS, Mo. - The St. Louis Chapter of the International Association of Business Communicators has presented the Missouri Credit Union Association four Bronze Quill awards for its communications efforts. MCUA Public/Legislative Affairs staff members accepted honorable mentions in four different categories. Two awards recognized the outstanding design for MCUA's...

STAMFORD, Conn. - Unauthorized transfers from checking accounts has become the fastest growing form of electronic fraud in the past year, and financial institutions need to do something about it. That's from Avivah Litan, a research director at Gartner Inc., who says a new survey of 5,000 online U.S. adults...

ATLANTA - Credit Union Direct Lending and Manheim, the largest and highest volume wholesale automobile auction company, are in the early stages of working together to develop a package for CUDL-credit union members to provide CUs a simplified source for remarketing vehicles. Jon Schrock, national accounts director for Manheim said...